Standard Glass Lining Technology Ltd.
Industry:
Engineering - Industrial Equipments
Issue Details
Open Date
06 Jan 2025Close Date
08 Jan 2025Size (in Crs.)
291.614
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-7Lot Size
107
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions;3. Investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment;4. Funding inorganic growth through strategic investments and/or acquisitions; and5. General corporate purposes.
Description
We are one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemicalsectors in India, in terms of revenue in Fiscal 2024 (Source: F&S Report), with in house capabilities across theentire value chain. Our capabilities include designing, engineering, manufacturing, assembly, installation andcommissioning solutions as well as establishing standard operating procedures for pharmaceutical and chemicalmanufacturers on a turnkey basis. Our portfolio comprises core equipments used ... Show More
Address
D.12, Phase-1 , Ida Jeedimetla ,
Hyderabad
500055
Promoter Holding
Promoters:
Kandula Krishna Veni, Kandula Ramakrishna, Kudaravalli Punna Rao, Nageswara Rao Kandula, S2 Engineering Services, Venkata Mohana Rao Katragadda
Total Share Capital
137486350
Offered to Public
20829567
% Promoter's Holding (Pre-Issue)
75.69
% Promoter's Holding (Post-Issue)
60.41
Shares on offer
Total Share Offer
137486350
Of above offred to public
20829567
Post Issue shares
NA
Post Issue Promoters
60.41
Lead Managers to the Issue:
IIFL Securities Ltd., Motilal Oswal Investment Advisors Pvt Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032